DESJARDINS RI CANADA - NET-Z (DRMC.CA) Stock Technical Analysis
TSX:DRMC - Toronto Stock Exchange - CA25060H1064 - ETF - Currency: CAD
We assign a technical rating of 5 out of 10 to DRMC. Although DRMC is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Warning: DRMC has an average volume of 2343 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
Looking at the yearly performance, DRMC did better than 71% of all other stocks. On top of that, DRMC also shows a nice and consistent pattern of rising prices.
DRMC is currently trading in the upper part of its 52 week range. The market is still in the middle of its 52 week range, so DRMC slightly outperforms the market at the moment.
In the last month DRMC has a been trading in the 28.84 - 32.57 range, which is quite wide. It is currently trading near the high of this range.
DRMC has an average technical rating and also the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
28.61
33.63
We found 3 important support areas.
- A support zone ranging from 31.77 to 31.80. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 29.97 to 30.32. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- A support zone ranging from 28.90 to 29.18. This zone is formed by a combination of multiple trend lines in the daily time frame.
We can see 2 important resistance areas.
- Resistance @32.36 from a horizontal line in the daily time frame.
- A resistance zone ranging from 33.13 to 33.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS71.23
Mansfield0.74
10 Day High32.35
10 Day Low30.96
20 Day High32.57
20 Day Low28.84
52 Week High33.4
52 Week Low27.21
Performance
1 Week0.85%
2 Weeks2.75%
1 Month-0.47%
3 Month-3.6%
6 Month3.18%
12 Month15.68%
2 Year26.94%
3 Year30.81%
5 Year78.26%
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.2
RSI(14)55.75
LBB30.12
UBB32.79
TSX:DRMC (4/30/2025, 7:00:00 PM)
32.09
-0.26 (-0.8%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.8%
1 Week0.85%
2 Weeks2.75%
1 Month-0.47%
3 Month-3.6%
6 Month3.18%
12 Month15.68%
2 Year26.94%
3 Year30.81%
5 Year78.26%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.37
ATR(20)%1.9%
ATR Inc-47.4%
Range Today0.15
ADR(20)0.4
ADR(20)%1.25%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS71.23
Mansfield0.74
10 Day High32.35
10 Day Low30.96
20 Day High32.57
20 Day Low28.84
52 Week High33.4
52 Week Low27.21
CS1 End31.8
CR1 Start32.36
Volume & EV
DER(3)-0.63%
DER(5)-0.38%
Volume5.33K
Volume Incr-25.35%
Vol(5)1.53K
Vol(50)2.34K